Google-Backed Glance Buys Shop101 to Expand Into Live E-Commerce

20
6
Favorite

Google-Backed Glance Buys Shop101 to Expand Into Live E-Commerce

Bloomberg2021-06-14

(Bloomberg) -- Indian mobile content provider Glance InMobi Pte agreed to acquire e-commerce startup Shop101 to expand into influencer-led shopping in the South Asian country.Glance, which became a ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（6）

JohnWL
·2021-06-14
Wow
Reply
Like
Report
Jazling
·2021-06-14
Comment pls
Reply
Like
Report
slyv
·2021-06-14
[鬼臉]
Reply
Like
Report
Clover24
·2021-06-14
[Sad]
Reply
Like
Report
winnerking
·2021-06-14
hola
Reply
Like
Report
MJ89
·2021-06-14
Tell me your opinion about this news...
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2143781472?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-14 16:10","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2143781472","market":"us","top_or_hot":-1,"title":"Google-Backed Glance Buys Shop101 to Expand Into Live E-Commerce","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Indian mobile content provider Glance InMobi Pte agreed to acquire e-commerce startup Shop101 to expand into influencer-led shopping in the South Asian country.Glance, which became a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/google-backed-glance-buys-shop101-063000630.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google-Backed Glance Buys Shop101 to Expand Into Live E-Commerce</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle-Backed Glance Buys Shop101 to Expand Into Live E-Commerce\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 16:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/google-backed-glance-buys-shop101-063000630.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Indian mobile content provider Glance InMobi Pte agreed to acquire e-commerce startup Shop101 to expand into influencer-led shopping in the South Asian country.Glance, which became a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/google-backed-glance-buys-shop101-063000630.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UN","symbol_name":"联合利华(荷兰)","start_time":0,"source_url":"https://finance.yahoo.com/news/google-backed-glance-buys-shop101-063000630.html","article_id":"2143781472","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2143781472","pubTimestamp":1623658200,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"(Bloomberg) -- Indian mobile content provider Glance InMobi Pte agreed to acquire e-commerce startup","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UN":"联合利华(荷兰)","AMZN":"亚马逊","QNETCN":"纳斯达克中美互联网老虎指数","WMT":"沃尔玛","UL":"联合利华(英国)","GOOG":"谷歌","GOOGL":"谷歌A","09086":"华夏纳指-U","03086":"华夏纳指"},"translate_title":"谷歌支持的Glance收购Shop101进军直播电商","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03086":0.9,"09086":0.9,"GOOG":0.9,"QNETCN":0.9,"AMZN":0.6,"GOOGL":0.6,"UL":0.6,"UN":0.6,"WMT":0.6},"content_text":"(Bloomberg) -- Indian mobile content provider Glance InMobi Pte agreed to acquire e-commerce startup Shop101 to expand into influencer-led shopping in the South Asian country.Glance, which became a unicorn in December after backing from Alphabet Inc.’s Google and Peter Thiel’s Mithril Capital, pushes curated news and entertainment content onto phone lock screens and also runs a short video app. It now plans to bring its content creators to work in tandem with Shop101’s commerce technology and supply chain infrastructure, the startup said on Monday. It didn’t disclose the deal’s value.\nGlance is trying to replicate the success that China’s ByteDance Ltd. and Kuaishou Technology have had with influencer-led online commerce in their home market. While the Chinese giants use live webcasts with celebrities to sell billions of dollars in goods, the segment is yet to kick off in a meaningful way in India.\n“The next frontier in online shopping in India will be very different from what Amazon and Walmart currently offer, particularly for those from India’s smaller cities and towns,” Glance Chief Operating Officer Piyush Shah said via videoconference. “Influencer-led live videos make shopping fun, interactive and authentic and cater to millennials who seek authentic experiences.”\nShop101’s team of 300 including its co-founders will join Glance. The smaller startup’s investors included Kalaari Capital and consumer giant Unilever Plc’s investment arm Unilever Ventures.Glance was founded in 2019 and has about 130 million daily active users. Its Roposo app offers short videos in a dozen Indian languages. Shop101, started in 2015, has a network of 10 million sellers and 10,000 suppliers who serve 2,000 towns across India. The acquisition is a part-cash and part-equity deal, Shah said.\nAfter starting with India, Glance plans to take the new form of mobile commerce international by going live in Southeast Asia in the next few months, Shah said.\n“The acquisition is a strategic move to help Glance go beyond advertising-based revenues and enter commerce,” Shah said.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":185700937,"gmtCreate":1623671159829,"gmtModify":1704208240887,"author":{"id":"3586310790127154","authorId":"3586310790127154","name":"JohnWL","avatar":"https://static.tigerbbs.com/b004d29f43f551bb076fcdd2e281d3a6","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3586310790127154","authorIdStr":"3586310790127154"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185700937","repostId":2143781472,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":185468477,"gmtCreate":1623667870999,"gmtModify":1704208177167,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3566821013640470","authorIdStr":"3566821013640470"},"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185468477","repostId":2143781472,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":185523370,"gmtCreate":1623661285690,"gmtModify":1704208046231,"author":{"id":"3586340299959178","authorId":"3586340299959178","name":"slyv","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586340299959178","authorIdStr":"3586340299959178"},"htmlText":"[鬼臉]&nbsp;","listText":"[鬼臉]&nbsp;","text":"[鬼臉]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185523370","repostId":2143781472,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":185529593,"gmtCreate":1623661261912,"gmtModify":1704208045580,"author":{"id":"3581646623236607","authorId":"3581646623236607","name":"Clover24","avatar":"https://static.tigerbbs.com/b137acec9c887a280dc8f5a78396d2c7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581646623236607","authorIdStr":"3581646623236607"},"htmlText":"[Sad]&nbsp;","listText":"[Sad]&nbsp;","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185529593","repostId":2143781472,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":185588102,"gmtCreate":1623660174906,"gmtModify":1704208020252,"author":{"id":"3583834684688529","authorId":"3583834684688529","name":"winnerking","avatar":"https://static.tigerbbs.com/53456def62158dd751e7e146be8f2930","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583834684688529","authorIdStr":"3583834684688529"},"htmlText":"hola","listText":"hola","text":"hola","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185588102","repostId":2143781472,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":185580141,"gmtCreate":1623659941783,"gmtModify":1704208014792,"author":{"id":"3565231922969401","authorId":"3565231922969401","name":"MJ89","avatar":"https://static.tigerbbs.com/51550e2d93895db65c382352cc432f93","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3565231922969401","authorIdStr":"3565231922969401"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185580141","repostId":2143781472,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":20,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}